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iPower Announces Strategic Shift Toward Crypto Treasury and Blockchain Infrastructure Services
Globenewswire· 2025-06-17 13:00
Core Viewpoint - iPower Inc. is undergoing a strategic transformation to become a crypto treasury and blockchain infrastructure services company, focusing initially on building a Bitcoin treasury strategy as a key growth component [1][2][5]. Group 1: Strategic Shift - The company plans to accumulate Bitcoin as a treasury reserve asset to create a long-term store of value and enhance financial resilience [2][3]. - CEO Lawrence Tan emphasized that the decision to enter Bitcoin is based on a long-term view of digital assets as a viable treasury component, aligning with the company's goals of enhancing balance sheet resilience [3][5]. Group 2: New Services and Integration - iPower intends to expand into blockchain-related retail services, leveraging its operational expertise to deliver consumer-facing offerings [3][4]. - The new services will be integrated into iPower's proprietary SuperSuite platform, which will evolve to support both eCommerce and blockchain-aligned business solutions [4][5]. Group 3: Future Outlook - The strategic pivot reflects iPower's goal of aligning operations with future-facing technologies and market demand, with a primary focus on the digital asset economy and consumer access to blockchain tools [5][6]. - Additional updates regarding treasury activities, new product offerings, and partnerships are expected in the coming months [6].
Amber International to Ring Nasdaq Closing Bell on March 28, 2025, Celebrating Successful Nasdaq Listing and Strategic Growth Momentum
Prnewswire· 2025-03-26 13:00
Core Insights - Amber International Holding Limited has successfully transitioned to a publicly listed company on Nasdaq, marking a significant milestone in the institutionalization of digital assets [2][4] - The company will celebrate this achievement by ringing the Nasdaq Closing Bell on March 28, 2025, with key executives and partners in attendance [3][4] Company Overview - Amber International, operating under the brand name "Amber Premium," is a leading provider of institutional crypto financial services and solutions [5] - The company offers institutional-grade market access, execution infrastructure, and investment solutions to optimize digital asset portfolios for institutions and high-net-worth individuals [5] Leadership Statements - CEO Wayne Huo emphasized that the Nasdaq listing reflects the hard work and resilience of the company, validating its mission to provide secure and compliant access to the digital asset economy [4] - Chairman Michael Wu highlighted the company's growth from a startup to a Nasdaq-listed entity with a billion-dollar market capitalization, reaffirming its commitment to governance, transparency, and client-centric innovation [4]